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associated with it. In particular, we distinguish between employment, hours and effort per worker, and allow for adjustment costs … associated with employment changes. We assume that the requirement function for effective hours has a general trans …-logarithmic form, and derive an estimable system of Euler equations for inventories and employment with implied cross …
Persistent link: https://www.econbiz.de/10005703129
answer the question: What is the contribution of entrepreneurs to (i) employment generation and dynamics, (ii) innovation … very important - but specific - function in the economy. They engender relatively much employment creation, productivity …, recent studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of …
Persistent link: https://www.econbiz.de/10005822686
costs influence insider wages and outsiders’ opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10005762091
will employment be affected? In addressing this question, we focus on the role of on-the-job training. We show that an … insider wage hike reduces recession-time employment but, in the presence of on-the-job training, increases boom …-time employment. Thus on-the-job training can make insider wage hikes less detrimental to average employment (over booms and …
Persistent link: https://www.econbiz.de/10005566369
estimates are statistically insignificant. By contrast, a parallel analysis of workers employed fewer than 20 hours per week …. We find no evidence suggesting that the law reduced employment probabilities. …
Persistent link: https://www.econbiz.de/10005012886
This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on …-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over …
Persistent link: https://www.econbiz.de/10005566829
This paper examines the economic effects of employment protection legislation in a sample of developed and developing … problems associated with cross-country regressions. This test is based on the hypothesis that employment protection regulations … sectors that are intrinsically more volatile. We also find that employment and value added in the most affected sectors …
Persistent link: https://www.econbiz.de/10005233739
granted to all low-wage earners regardless of their employment history and are of limitless duration. Our analysis indicates … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …
Persistent link: https://www.econbiz.de/10005247692
Using a matched firm-worker dataset, we show both theoretically and empirically that positive assortative matching between firms and workers leads to an underestimation of the absolute value of wage elasticity of labor demand.
Persistent link: https://www.econbiz.de/10005763762
We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the balances in these accounts would then be available to...
Persistent link: https://www.econbiz.de/10005566498